Multifamily, extended-stay hospitality, and select commercial, assembled and run by the principals of PH Realty Capital and Rockledge, and pursued together through Longacre.
Distressed acquisition · Workforce housing
A 541-unit workforce community acquired out of operational and capital-structure distress. Under turnaround to stabilize operations and preserve the asset's workforce housing role.
Rent-stabilized portfolio · Related Companies fund
One of the largest rent-stabilized portfolio trades of the cycle. Thirty-four Bronx multifamily properties acquired through complex negotiation with an institutional seller.
Workforce multifamily portfolio · Sentinel Portfolio
A twenty-four-building New York City portfolio acquired in a single transaction. Demonstrated capacity to underwrite and close on complex, large-format urban multifamily.
One of the largest rent-stabilized portfolio trades of the cycle, forty buildings under unified ownership and operations.
